The world of cryptocurrency trading can be quite exciting However, it can be time-consuming and overwhelming to many investors. This is the point where Coinrule is able to help. Coinrule provides an efficient trading tool that helps traders stick to their crypto strategy without having to continuously be on the lookout for market trends. It’s simple to use even for those with no programming knowledge, and provides many features that can take trades to the next step.
Coinrule was established in the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrency more efficient by providing an automated trading platform that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its goal.
One of the main features of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be highly volatile and it can be difficult for traders to keep up with the ever-changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that are compatible with their strategies. This means that traders are able to set their cryptocurrency trading up to run on autopilot and not spend hours poring over charts.
Coinrule has integrated trading strategies that traders can choose from. There are more than 150 trading rules to pick from that make it simple for both experienced and novice traders to discover a strategy that works for them. Additionally, traders can pause rules at any time and will be sent daily emails that contain trading signals that can help them adjust their strategy to the market.
Another wonderful characteristic of Coinrule is its backtesting capabilities. Investors can test their trading strategies based by using historical market data in TradingView. They can select the coin they intend to trade, the desired time frame, and the trading strategy and determine how many trades that were opened and closed and also its net profits, percentage of profit as well as the maximum drawdown and profit factor. This is a useful tool for increasing a trader’s confidence in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader, with different options for traders of all levels. Prices vary from $0 and up to $499.99 per month, and traders can choose to pay monthly or annually. Annual plans provide discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest level. With features such as automatic trading and built-in strategies for trading, backtesting opportunities, and support for multiple trustworthy cryptocurrency exchanges Coinrule is a robust instrument that can help you make the most of your trading strategy.